The Rupee opened weaker on Tuesday, with rising oil prices and U.S. bond yields adding to pressure ?on the currency from the central bank bringing forward the ?deadline for its swap facility for deposits raised from non-resident Indians. A U.S.-Iran truce expired, and ?Tehran said it would shift to a "fully offensive" military posture, driving oil ?prices higher. The rise in crude, in turn, contributed to the increase in U.S. Treasury yields. U.S. President Donald Trump told a Fox News reporter that Iran ?should surrender. The pressure from oil and U.S. yields comes after the ?rupee weakened following the Reserve Bank of India's decision to shorten the foreign-currency deposit ?swap ?window by one month to August 31. The RBI's move, which took most bankers by surprise, led the rupee to weaken past the 95.50 level on Monday despite broad dollar weakness. Central bank intervention failed to prevent ?the rupee from ?extending its decline. Asian cues were largely negative for the rupee, with oil-sensitive ?currencies dipping. ?Risk appetite was dented by rising U.S. ?yields, which are moving higher despite markets increasingly expecting that the Federal Reserve will not ?hike interest rates next month. The U.S. dollar held near multi-month lows against most major currencies on Tuesday as traders ?walked back expectations of near-term monetary tightening, although the imminent threat of an escalation in the Middle East war left ?sentiment fragile. The euro fetched $1.1581 in early Asian hours, not far from the two-month high of $1.1614 it touched on Monday. Sterling was at $1.3548, just shy of the three-month peak it touched in the previous session. Data showed last week that U.S. retail sales fell in July for the first time in nine months, following unexpected ?job losses last month and mild inflation readings. The run of softer data has led investors to scale back expectations ?of a rate hike by the U.S. Federal Reserve. Traders expect a 35% chance of a rate increase at ?the Fed's September meeting, compared with 52.2% a week ago, according to the CME FedWatch tool. Analysts though remain cautious of where inflation ?may head, especially with the critical Strait of Hormuz remaining effectively shut and an impasse in the talks to end the U.S.-Iran conflict. Bond yields around the world were on the rise again as ?traders remained ?wary of the impact of elevated oil prices and a prolonged closure of the Strait of Hormuz. Brent crude futures were 0.3% higher at $91.14 a barrel after rising to their highest since July 30 on Monday. The yield on the 30-year bond hovered near its highest level in nearly 20 years, while the 10-year JGB yield hit its highest level since September 1996. The yen was stuck just below the 160 level, shifting the focus to the Bank of Japan meeting next month, where the central bank is set to raise interest rates and is considering hiking more aggressively ?after that, ?sources told Reuters. It was last at 159.46 per U.S. dollar, having erased nearly half ?of the gains from the joint U.S. and Japan intervention at the end of July to lift the fragile yen away from 40-year lows. The Australian dollar firmed 0.11% ?to $0.71119, perched near its strongest level since early June. The New Zealand dollar was at $0.5902.......